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Support.com (Support.com) Net Income : $-3.33 Mil (TTM As of Jun. 2021)


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What is Support.com Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Support.com's Net Income for the three months ended in Jun. 2021 was $-0.80 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was $-3.33 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Support.com's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $-0.03.


Support.com Net Income Historical Data

The historical data trend for Support.com's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Support.com Net Income Chart

Support.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.96 -1.53 -9.10 3.85 0.45

Support.com Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 -0.55 0.02 -1.99 -0.80

Support.com Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Support.com's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.548+-0.102+0+-5.5511151231258E-17
=0.45

Support.com's Net Income for the quarter that ended in Jun. 2021 is calculated as

Net Income(Q: Jun. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.774+-0.025+0+0
=-0.80

Net Income for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.33 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Support.com  (NAS:SPRT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Support.com's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Support.com Net Income Related Terms

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Support.com (Support.com) Business Description

Traded in Other Exchanges
N/A
Address
1521 Concord Pike (US 202), Suite 301, Wilmington, DE, USA, 19803
Support.com Inc is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers, and technology companies. The firm's technology support services programs are designed for both the consumer and small and medium business markets and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support. Geographically, the company has a presence across the region of the US, Philippines and India.
Executives
Shelly B. Schaffer officer: EVP CFO 1900 SEAPORT BLVD., 3RD FLOOR REDWOOD CITY CA 94063
Lance Rosenzweig director, officer: President and CEO 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Christine A. Kowalczyk officer: Chief Operating Officer 1200 CROSSMAN AVE. SUITE 210 SUNNYAVALE CA 94089
Richard A Bloom director, officer: Principal Financial Officer 1621 18TH STREET SUITE 250 DENVER CO 80202
Brian J Kelley director
Eric Singer director 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
Chris Koverman officer: VP, Product & Engineering 900 CHESAPEAKE DRIVE, FLOOR 2 REDWOOD CITY CA 94063
Roop Kalyan Lakkaraju officer: EVP, CFO & COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Elizabeth Cholawsky officer: President & CEO 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Timothy S Stanley director 107 FOUNTAINHEAD CIRCLE HENDERSON NV 89052
Jim Stephens director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
Toni Portmann director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
O Malley J Martin director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063